11/11/2009

The Financial Services Roundtable does not support Sen. Christopher Dodd's plan to unite all current banking regulators in a single agency, as proposed in the bill he launched in the Senate on Tuesday. "The current system takes into account different shapes and sizes and business models," said Scott Talbott, senior vice president for government affairs at the Roundtable. Mr. Talbott warned that Mr. Dodd is offering a dangerous "one-size-fits-all approach."

Related Summaries